Seplat Energy Plc has confirmed that its Annual General Meeting (AGM) will hold as scheduled. The company debunked the media report that the Federal High Court in Abuja has restrained the Company from holding its 2023 Annual General Meeting (AGM).
According to the notification available on the website of the Nigeria Exchange, the Company stated thus:
Seplat Energy has become aware of certain media reports which seek to create the impression that the Federal High Court in Abuja has restrained the Company from holding its 2023 Annual General Meeting (AGM) in the duplicated petition of FHC/ABJ/PET/8/2023 – Boniface Okezie & 4 others V. Seplat Energy & 9 others.
These media reports are a deliberate attempt to misinform the public and misrepresent the court proceedings, as the Court made no such order suspending the holding of the AGM. It is imperative to recall from the Company’s Announcement of 28 April 2023 that the Court did not grant the Petitioners’ request to restrain the Company from holding its AGM.
Seplat Energy is working within the purview of the law, with due reference to the Court, and has secured all required approvals.